And, here's where I look clever (sorry about the mathiness and TL;DR 😂):
There's a lot more sats in the LN wallet that the 27 sats came from. That's my "spending money" wallet, but I never spend it dry.
And the bit left over increases in purchasing power, same as my savings in my cold wallet.
If I have 10k sats (€6) in there, just vegetating at the bottom of my wallet, and then Bitcoin jumps in dollar price from €50k to €60k, then those sats go from a purchasing power of €6 to over €7, and I didn't have to risk the principle to receive the increases. If I have spent 1600 sats (€1) in the meantime, then I have the same amount of purchasing power before and after, and I got to zap people, too.
Now, how many people have a checking account with over 20% interest, per annum?
Bitcoin is spending money you can spend without losing purchasing power. 🤯
Laeserin
npub1m4n…c2jl
2024-06-17 08:49:12
in reply to nevent1q…y50e
Author Public Key
npub1m4ny6hjqzepn4rxknuq94c2gpqzr29ufkkw7ttcxyak7v43n6vvsajc2jlPublished at
2024-06-17 08:49:12Event JSON
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"content": "And, here's where I look clever (sorry about the mathiness and TL;DR 😂): \n\nThere's a lot more sats in the LN wallet that the 27 sats came from. That's my \"spending money\" wallet, but I never spend it dry. \nAnd the bit left over increases in purchasing power, same as my savings in my cold wallet.\n\nIf I have 10k sats (€6) in there, just vegetating at the bottom of my wallet, and then Bitcoin jumps in dollar price from €50k to €60k, then those sats go from a purchasing power of €6 to over €7, and I didn't have to risk the principle to receive the increases. If I have spent 1600 sats (€1) in the meantime, then I have the same amount of purchasing power before and after, and I got to zap people, too.\n\nNow, how many people have a checking account with over 20% interest, per annum?\n\nBitcoin is spending money you can spend without losing purchasing power. 🤯",
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